This April 10, 2026, photo shows Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong. (SHAMIM ASHRAF / CHINA DAILY) HONG KONG – The Hong Kong Exchanges and Clearing Limited (HKEX) on Tuesday announced that funds raised through initial public offerings (IPOs) in the first half…
DSC Holdings, a China-based provider of operating systems and transaction services for used car dealers, raised $51 million by offering 3 million ADSs at $17, within the $16 to $18 range. An existing shareholder had indicated on $30 million worth of ADSs in the offering (59% of the deal). DSC Holdings provides digitalization tools…
People walk in front of the Exchange Square, which houses Hong Kong Exchanges and Clearing Ltd, in the Central financial district of Hong Kong, April 10, 2026. (SHAMIM ASHRAF / CHINA DAILY) Vietnamese diagnostic testing startup Gene Solutions is preparing for a Hong Kong initial public offering as early as the second quarter of next…
Hong Kong’s government-backed investment fund is being redeployed to support the city’s sluggish commercial property sector, signaling authorities’ growing willingness to use public funds as a policy tool to steady office valuations and align real estate investment with the city’s industrial ambitions. Attracting foreign institutions, however, might prove challenging. The city’s elevated vacancy rates, looming…
A combination of a strong initial public offering (IPO) market and bond sales has helped put Hong Kong’s financial health back in the black sooner than expected, with analysts expecting a robust pipeline of listings to be key to sustaining the city’s surplus. In his budget speech on Wednesday, Financial Secretary Paul Chan Mo-po said…
Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according to people familiar with the matter, in a sign of promising demand for the city’s latest share sale related to artificial intelligence. Alibaba and the JPMorgan Chase asset…
Nov 5, 2025 Insurance technology firm Exzeo Group has raised $168 million in its U.S. initial public offering. According to Reuters, the company priced its shares within its marketed range. The IPO, which took place on Tuesday, makes Exzeo the latest insurance company to proceed with its listing plans. Source: IndexBox Market Intelligence Platform 1….
By Echo Wang, Kenrick Cai, Deepa Seetharaman and Krystal Hu SAN FRANCISCO (Reuters) –OpenAI is laying the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time. OpenAI is considering…
(Reuters) -Corporate travel and expense company Navan on Wednesday priced its initial public offering at $25 per share, within its marketed range of $24 to $26 per share, raising about $923.1 million and reinforcing a strong momentum for fresh flotations. The Palo Alto, California-based firm sold 30 million shares to raise $750 million, while existing…
(Reuters) -The owner of the University of Phoenix is targeting a valuation of up to $1.2 billion in its U.S. initial public offering, it said on Tuesday, setting the stage for its stock market return after more than eight years. Existing stockholders of Phoenix Education Partners are seeking up to $140.3 million by offering 4.25…